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RESOLVED, that the action of Vice President Reinhardt and Secretary in executing Agreement ”N ”L.D. 272f9 dated December 2|, 1953, between LVL&WCo., called ’’Company”, and Federal Homes Development Co. Inc., called ”Subdivider”, providing; 1. Subdivider at its expense to furnish all necessary materials and labor to construct; (a) Approximately 1330 LF of 12” cast iron water mains; (b) Approximately 3^-75 LF of 8” cast iron water mainsj (c) Approximately 6810 LF of 6” cast iron water mainsj (d) Approximately 22+0 LF of 6 ” cast iron fire hydrant connections to serve Hyde Park Subdivision No.3s> Las Vegas,Nevada. 2. Company to refund to Subdivider at quarterly inter­vals 35$ of monthly revenue received by it from customers located within Hyde Park Subdivision No.3 taking direct service from water mains so installed for a period of 10 years from date of completion of said installation or until Subdivider has been re­paid the agreed upon sum of $70,100, whichever first occurs| 3. Company to own said water mains; 2+. Subdivider to furnish Company necessary easements for said pipe lines to be laid in other than dedicated streets and alleys, together with Bill of Sale, Title Guarantee and Policy of Title Insurance; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of President and Asst.Secretary Bachman in executing LVL&WCo. LS Deed Audit No. 5290, dated Dec. 7? 1953, conveying to Norton Warehouse Co. 125,3^2 square feet of land V On motion duly seconded, it was “9